Shale

Mexico is emerging as an outlet for North America’s abundant shale gas production, according to a Canadian survey of North American “continental market” prospects.

Fort Worth, TX-based Quicksilver Resources Inc. — which makes a specialty of targeting unconventional reservoirs, including gas shales — said more than half of its capital budget for 2011 of $455 million will be spent in Texas.

A Pennsylvania municipal authority has filed a lawsuit to prevent a Marcellus Shale-related drilling project from proceeding until more watershed protections are in place.

National Fuel Gas Supply Corp. (Supply) and Empire Pipeline Inc. are holding two open seasons offering firm transportation capacity from the Marcellus Shale in central and southwestern Pennsylvania.

Newfield Exploration Co. late Monday said it has agreed to buy 50,000 net acres in the Marcellus Shale from EOG Resources Inc. in a transaction valued at $405 million.

More than one-third of the global increase in natural gas production by 2035 will come from unconventional shale gas, coalbed methane and tight gas, according to the World Energy Outlook 2010 (WEO-2010), which was issued by the International Energy Agency (IEA) last week.

More than one-third of the global increase in natural gas production by 2035 will come from unconventional shale gas, coalbed methane and tight gas, according to the World Energy Outlook 2010 (WEO-2010), which was issued by the International Energy Agency (IEA) on Tuesday.

A five-week air quality study found no air contaminant emission levels indicating problems for residents living near Marcellus Shale natural gas operations in southwestern Pennsylvania’s Greene and Washington counties, the state’s Department of Environmental Protection (DEP) said last week.

A five-week air quality study found no air contaminant emission levels indicating problems for residents living near Marcellus Shale natural gas operations in southwestern Pennsylvania’s Greene and Washington counties, the state’s Department of Environmental Protection (DEP) said earlier this week.